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Axcan, Diomed Sign Laser Development Accord

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MONT SAINT-HILAIRE, Quebec, Canada, Aug. 8 -- Axcan Pharma and Diomed Inc. have signed a five-year contract in which Diomed will develop and supply lasers and fibers to be used with a photosensitizing drug that was recently acquired by Axcan for use in photodynamic therapy. The deal calls for Axcan to pay $5 million in cash upon approval of Diomed's laser by the US Food and Drug Administration. Diomed's 630 PDT diode lasers and optical delivery fibers will be used with Axcan's photosensitizing drug PHOTOFRIN, which is used in the treatment of some forms of cancer. Axcan is a North...Read full article

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    Published: August 2000
    diode lasersNews & FeaturesLasers

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